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B. Riley FBR Raises their Rating for Shares of First Commonwealth Finl (NYSE:FCF). Are Other Analysts Next?

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Investors sentiment decreased to 1.19 in Q2 2018. Its down 0.22, from 1.41 in 2018Q1. It fall, as 18 investors sold First Commonwealth Financial Corporation shares while 40 reduced holdings. 17 funds opened positions while 52 raised stakes. 67.54 million shares or 3.05% more from 65.54 million shares in 2018Q1 were reported.

Mason Street Advsrs Ltd stated it has 28,982 shares. Dimensional Fund Advsrs Ltd Partnership stated it has 7.71M shares or 0.05% of all its holdings. Bnp Paribas Arbitrage Sa stated it has 0% in First Commonwealth Financial Corporation (NYSE:FCF). Amalgamated National Bank & Trust holds 0.01% or 14,657 shares in its portfolio. Barclays Public Limited reported 0% of its portfolio in First Commonwealth Financial Corporation (NYSE:FCF). Prudential stated it has 194,933 shares or 0% of all its holdings. Wedge Mgmt L Ltd Partnership Nc holds 19,899 shares. Price T Rowe Associates Md has invested 0% in First Commonwealth Financial Corporation (NYSE:FCF). Fmr Limited Liability Corp accumulated 0% or 1.36M shares. Kbc Nv stated it has 16,783 shares. Proshare owns 16,393 shares or 0% of their US portfolio. Stone Ridge Asset invested in 0.04% or 46,486 shares. Credit Suisse Ag holds 57,765 shares. Vanguard Grp invested in 10.16M shares. Cipher Capital Lp owns 20,495 shares.

First Commonwealth Finl (NYSE:FCF) Stock Upgrade

In a research report sent to investors and clients on Thursday morning, stock analysts at the research division of B. Riley FBR upped their rating for shares of First Commonwealth Finl (NYSE:FCF) from a “Neutral” to a solid “Buy”. They now have a $16 target on FCF or a 14.37 % upside from the current share price.

First Commonwealth Financial Corporation (NYSE:FCF) Ratings Coverage

Among 3 analysts covering First Commonwealth Finl (NYSE:FCF), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. First Commonwealth Finl had 3 analyst reports since August 23, 2018 according to SRatingsIntel. Boenning \u0026 Scattergood downgraded the shares of FCF in report on Thursday, November 1 to “Neutral” rating. The firm has “Buy” rating given on Thursday, October 25 by Sandler O’Neill.

The stock increased 1.97% or $0.27 during the last trading session, reaching $13.99. About 661,592 shares traded or 22.76% up from the average. First Commonwealth Financial Corporation (NYSE:FCF) has risen 26.68% since November 9, 2017 and is uptrending. It has outperformed by 11.06% the S&P500.

First Commonwealth Financial Corporation, through its subsidiary First Commonwealth Bank, provides various consumer and commercial banking services to individuals, and small and mid-sized businesses in the United States. The company has market cap of $1.40 billion. The Company’s consumer services include personal checking accounts, interest-earning checking accounts, savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine services, as well as Internet, mobile, and telephone banking services. It has a 17 P/E ratio. The company??s commercial banking services comprise commercial lending, business checking accounts, online account management services, payroll direct deposits, commercial cash management services, and repurchase agreements.

Another recent and important First Commonwealth Financial Corporation (NYSE:FCF) news was published by Seekingalpha.com which published an article titled: “First Commonwealth Financial Corp (FCF) CEO Thomas Price on Q3 2018 Results – Earnings Call Transcript” on October 24, 2018.

First Commonwealth Financial Corporation (NYSE:FCF) Institutional Positions Chart

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